Thirty-two of the world’s largest companies stand to see their profits jump by $109 billion more in 2020, according to a new Oxfam report which highlights that Covid-19 has exacerbated existing inequality with the most vulnerable losing out. Power, Profits and the Pandemic outlines how many corporations around the globe – including those bailed out by governments – have put profits and pay outs to shareholders before jobs and workers’ safety and have pushed costs and risks associated with Covid-19 down their supply chains. The pandemic was declared almost six…
Read MorePandemic profits soar by billions as poorest pay price – Oxfam
